Bhavnagar event sees MoUs signed for new ports, shipbuilding clusters, green transport, and financing partnerships. India’s maritime sector is poised for a transformative leap, with potential investments totalling ₹660 billion ($7.9 billion) inked at the recent ‘Samudra Se Samriddhi: Transforming India’s Maritime Sector’ event held on September 18 and 19 in Bhavnagar, Gujarat. According to...
Tag: Sagarmala Finance Corporation Ltd
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SDHI Signs ₹42.5 Billion Shipbuilding Pact with GMB, Partners with SMFCL to Advance Maritime India Vision
Anchored in Maritime India Vision 2030 and the Amrit Kaal Vision 2047, the agreements signal a strategic leap in infrastructure, skills, and global maritime competitiveness. Swan Defence and Heavy Industries (SDHI), India’s largest shipbuilding and heavy fabrication firm, has signed two strategic memoranda of understanding (MoUs) aimed at accelerating the country’s maritime manufacturing ecosystem. Inked...